Fair Bluff Housing Inc

North Charleston, SC

Mission

THE CORPORATION WAS ORGANIZED TO OWN AND OPERATE A 40 UNIT APARTMENT COMMUNITY IN FAIR BLUFF, NC KNOWN AS CYPRESS VILLAGE APARTMENTS. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AND ENTERED INTO THE STANDARD GHA REGULATORY AGREEMENTS, WHICH GOVERN THE OPERATION OF THE COMMUNITY WITH THE FHA SECTION OF HUD. A HOUSING ASSISTANCE PAYMENT CONTRACT (HAP) PROVIDES BY SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT. THE APPARTMENT COMPLEX WAS SOLD DURING THE FISCAL YEAR ENDED 6/30/26 AND THE CONTRACT WITH HUD WAS CLOSED. CURRENTLY THE CORPORATION IS HOLDING THE NET PROCEEDS FROM THE SALE AWAITING TO DETERMINE THE BEST USE OF THE FUNDS TO FULFILL ITS MISSION.

Ruling year info

1980

Principal Officer

CARL W MEARES JR

Main address

7179 Bryhawke Cir

North Charleston, SC 29418 United States

EIN

58-1398448

NTEE code info

Public Housing (L21)

IRS filing requirement

This organization is required to file an IRS Form 990-N.

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Programs and results

What we aim to solve

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Our programs

SOURCE: IRS Form 990

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Program 1

THE CORPORATION WAS ORGANIZED TO OWN AND OPERATE A 40 UNIT APARTMENT COMMUNITY IN FIAR BLUFF, NC KNOWN AS CYPRESS VILLAGE APARTMENTS. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AND ENTERED INTO THE STANDARD GHA REGULATORY AGREEMENTS, WHICH GOVERN THE OPERATION OF THE COMMUNITY WITH THE FHA SECTION OF HUD. A HOUSING ASSISTANCE PAYMENT CONTRACT (HAP) PROVIDES BY SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT. THE APPARTMENT COMPLEX WAS SOLD DURING THE FISCAL YEAR ENDED 6/30/16 AND THE CONTRACT WITH HUD WAS CLOSED. CURRENTLY THE CORPORATION IS HOLDING THE NET PROCEEDS FROM THE SALE AWAITING TO DETERMINE THE BEST USE OF THE FUNDS TO FULFILL ITS MISSION.

Expenses
$0
Revenue
$0
Expenses
$25,000
Revenue
$0

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Financials

Fair Bluff Housing Inc
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Operations

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This organization has no recorded board members.